A number of significant developments took place during this triennium, chief being the 1992 general elections which saw a “changing of the guard” after 25 years and consequently a new Minister and Chairman for NIB. Major achievements during this period included:

• Much progress in the area of computerization; the registration/contributions and Short-Term Benefit systems came “on line”.
• Improved communications by the end of 1992; most of the Local Offices were equipped with telefax machines.
• Improved accommodations - most of NIB’s New Providence-based offices were relocated during 1991 - the Inspectorate and Prosecutions Departments to Alexander House and the Corporate Office and the New Providence Local Office to the new Head Office in Jumbey Village. Construction commenced on a new office complex in Fox Hill.
• Establishment of a Sub-Office in Salina Point, Acklins on 19th March, 1992.
• Official opening of the Head Office in May, 1992.
• The strengthening of international linkages; NIB was granted membership in the Interamerican Conference on Social Services (CISS).
• Increases in the minimum rate payable for the General Benefits and on all monthly Assistances effective 1st December, 1991 and lst August, 1992; viz:
  • minimum payment for Invalidity, Retirement and Adult Survivors’ Benefits fixed at $150 and $190 per month, respectively. Rate of payment for Survivors’ Benefit to dependent children ranged from $75.27 to $88.27 per month
  • Payment of monthly Invalidity and Survivors’ Assistance and the Old Age Non-Contributory Pension was increased to $120 and $160, respectively; and Sickness Assistance was increased to $27.69 and $36.92, respectively.